3085 N Windsong Drive, Prescott Valley, AZ 86314

$980,000

Property Type: Commercial/Indstrial Baths: 4 Square Footage: 5,190 Lot Size (sq. ft.): 6,534 Status: Closed

Current Price: $980,000 List Date: 7/07/2020 Last Modified: 8/05/2020

Overview

Description

The Seller Custom Built this Medical Office in 2002. This property is being offered as a Sale and Leaseback Investment opportunity. Over the last 32 years the Seller has carefully cultivated and maintained a strong presence across North/Central Arizona. They have offices in Prescott Valley, Sedona, and Flagstaff. No expense was spared building this office. You will love the 14' high ceilings, Large reception area, 40+ Parking Spaces, Close to Yavapai regional Medical Center and many of the other Medical offices. 3 Ingress and Egress options in and out of the Parking lot, 4 Restrooms one with a shower, and most importantly the 5 Year NNN Lease and a Clean 7.5% Cap Rate. Sedona Office is also Listed as PAAR MLS # 1022904.

Listing Details MLS# 1022908

ContractAddressLegal

Original List Price: 990000
Listing Price: 987000
Street #: 3085
Direction: N
Street Name: Windsong
St Suffix: Drive
City/Township: Prescott Valley
State: AZ
Zip Code: 86314
County: Yavapai
Tax Parcel: 103-02-753E

General Property Description

Aprx Acres: 0.15
Buildings: Yes
Total Liveable SqFt: 5190
Source of Measuremnt: County Assessor
Stories: Yes
Parking Spaces: 40
Year Built: 2002
Management: Owner
Gross Vol/Yr $: 88251
NOI $: 74268.9
Cap %: 7.5
CAM $: 7354.28
Baths - Full: Yes
GRM: 11.2
Property Use: Investment Prop
Construction Status: Existing
Space Available: No
Date Available: 2019-07-15
Total Bathrooms: 4
CC & R Fees: 5190
Vac Rate %: 0

Tax Info

Taxes: 8572
Tax Year: 2018

Status Change Info

Under Contract Date: 2019-09-11
Sold Date: 2020-07-06
Sold Price/SqFt: 189
Financing: Conventional

Contract/Address/Legal

List Price/SqFt: 190
Comm Type: Health Care
REO/Short Sale: Not Applicable
Zoning: C2
Business Name: NNI
Business Type: Medical
Assessor's Book #: 103
Assessor's Map #: 2
Assessor's Parcel #: 753
Assessor Parcel Ltr: E
Legal: PARCEL A LS 105/30 AN IRREG PCL THE SE COR BEING 88.5'N & 60'W OF THE SW COR LOTS 97 & 98 PV UNIT 1 14-14-1W CONT .15AC

Remarks & Misc

Directions: From SR69 turn North on Windsong Drive. The Property is on the East side of Windsong just as you pass through Florentine.
Remarks: The Seller Custom Built this Medical Office in 2002. This property is being offered as a Sale and Leaseback Investment opportunity. Over the last 32 years the Seller has carefully cultivated and maintained a strong presence across North/Central Arizona. They have offices in Prescott Valley, Sedona, and Flagstaff. No expense was spared building this office. You will love the 14' high ceilings, Large reception area, 40+ Parking Spaces, Close to Yavapai regional Medical Center and many of the other Medical offices. 3 Ingress and Egress options in and out of the Parking lot, 4 Restrooms one with a shower, and most importantly the 5 Year NNN Lease and a Clean 7.5% Cap Rate. Sedona Office is also Listed as PAAR MLS # 1022904.

More Information

Building Type

Medical/Dental: Yes
Office - Building: Yes

Construction

Architect Concept: Yes
Frame - Wood: Yes
Stucco: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

External Amenities

Drip System: Yes
Handicap Access: Yes
Landscaped: Yes
Paved Parking: Yes
Security Lights: Yes

Flooring

Carpet: Yes
Tile: Yes

Heating

Natural Gas: Yes

Possession

At Recordation: Yes

Records Available

Engr. Reports: Yes
Site Plan: Yes
Other - See Remarks: Yes

Road Responsibility

City: Yes
City Maintained Road: Yes
Paved: Yes

Roof

Metal: Yes

Bathrooms

ADA: Yes
Interior: Yes
Shared: Yes
Unisex: Yes

Business Location

Freestanding Bldg: Yes
Multiple Locations: Yes
Office/Professional: Yes

Terms & Conditions

1031 Exchange: Yes
Conventional: Yes
Sale/Leaseback: Yes

Commercial Amenities

Ceiling Ht. 12-15: Yes

Utilities Installed

220: Yes
Electricity: Yes
Individual Meter: Yes
Natural Gas: Yes
Security System: Yes
Telephone: Yes
Underground: Yes
Water - City: Yes
WWT - City Sewer: Yes

Internal Amenities

Bathroom: Yes
Ceiling Fan(s): Yes
Fire/Smoke Detector: Yes
Kitchen: Yes
Security/Alarm: Yes

Parking

On-Site: Yes

Property Features

Bathrooms: ADA; Interior; Shared; Unisex Building Type: Medical/Dental; Office - Building Business Location: Freestanding Bldg; Multiple Locations; Office/Professional Commercial Amenities: Ceiling Ht. 12-15 Construction: Architect Concept; Frame - Wood; Stucco Cooling: Ceiling Fan(s); Central Air External Amenities: Drip System; Handicap Access; Landscaped; Paved Parking; Security Lights Flooring: Carpet; Tile Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Ceiling Fan(s); Fire/Smoke Detector; Kitchen; Security/Alarm Parking: On-Site Possession: At Recordation Records Available: Engr. Reports; Site Plan; Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Metal Utilities Installed: 220; Electricity; Individual Meter; Natural Gas; Security System; Telephone; Underground; Water - City; WWT - City Sewer

Listing Office: Sumner Commercial Real Estate

Last Updated: August - 05 - 2020

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